U.S. House Committee on the Budget

WASHINGTON -- The austere Republican budget proposal from Rep. Paul D. Ryan would slash federal spending to pre-Eisenhower levels, but the "turbo cuts" on every aspect of government -- except the military -- are still not enough to reach his promise of balancing in a decade. Ryan, the House Budget Committee chairman, relies on a combination of previously approved Obamacare savings and tax hikes, along with a new way of measuring economic growth, to reach the 10-year goal of ridding the budget of red ink. That approach does not sit well with hard-line budget hawks, and could make Ryan's job even more difficult as the House prepares to vote on the budget next week. GOP...

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